Asian Energy Services has been awarded an order from Assam Gas Company for supplying compressor station on Build, Own, Operate, and Transfer (BOOT) basis for 3 years. The total contract value is Rs 200 crore of which Rs 82 crore to be realised in the first year on Free on Truck (FOT) site basis which is inclusive of freight, unloading and stacking but exclusive of GST. The Mobilisation of 1st Compressor is expected to be completed in Q4FY25 and the rest will be completed in the following Financial Year. Powered by Capital Market - Live News

Net profit of Asian Energy Services rose 776.42% to Rs 9.29 crore in the quarter ended September 2024 as against Rs 1.06 crore during the previous quarter ended September 2023. Sales rose 114.86% to Rs 97.72 crore in the quarter ended September 2024 as against Rs 45.48 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales97.7245.48 115 OPM %15.707.81 - PBDT17.075.38 217 PBT12.811.20 968 NP9.291.06 776 Powered by Capital Market - Live News

Asian Energy Services will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live News

Asian Energy Services announced that the 31th Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live News

Asian Energy Services has allotted 5 lakh equity shares on conversion of warrants. Pursuant to the allotment, the paid up equity share capital has increased to Rs. 44,77,44,440/- consisting of 4,47,74,444 equity shares of Re. 10/- each. Powered by Capital Market - Live News